GXY 0.00% $5.28 galaxy resources limited

Tesla shorts burnt, page-49

  1. 440 Posts.
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    Not saying that MR and the board should not be under attack for all sorts of things, particularly the dealings over A40 and excessive remuneration but I cannot see how they are responsible for the shorting. IMHO they have no control over it. Funds buy shares in companies solely for the purpose of lending out at very high interest to shorters. The board has no control over who buys and sells shares or what they do with them. Blackrock et al make their fortunes out of loaning out shares in various companies.
 
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